Protesting: Wells Fargo: one of largest funders of private prison industry Aug 3 at 4pm

author: ben waiting

Wells Fargo is one of the largest funders of the private prison industry. Corporations like Corrections Corporation of America (CCA) and Geo Group, the two largest private prison companies, make money off of legislation that criminalizes immigrants, rips families apart, destroys communities, and promotes racism.

So on Friday, August 3, PCASC will host an action outside of the Wells Fargo branch located at 5730 NE MLK Blvd. with the message: "Dump the prison stock!"

PCASC Protest at Wells Fargo

Dump the prison stock!

August 3, 4:00-5:00

5730 NE MLK Blvd

On Friday, August 3, PCASC will host an action outside of the Wells Fargo branch located at 5730 NE MLK Blvd. The action will take place from 4:00-5:00, on the sidewalk in front of the bank, and is in in response to WF's refusal to engage in conversation with the community about the ethics of their investments.

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A little background:

PCASC is part of a nation-wide campaign with over 100 local groups demanding that WF end its financial support for private, for-profit prisons. Here in Portland, we have organized a series of actions to keep the pressure on WF, as part of this coordinated effort to end the private prison industry once and for all. Our action on June 25, simultaneous visits to 8 local branches, quickly made its way up the corporate chain of command. Within 2 days of the action, we received a threatening letter from Wells Fargo's senior counsel in Los Angeles, warning us not to enter branches for political purposes again. It is clear that we have hit a nerve. Our action on August 3 will demonstrate to Wells Fargo that WE WILL NOT BACK DOWN.

Please join us for an hour on Friday, August 3 to tell Wells Fargo that we are not afraid! We will meet in the parking lot of the Safeway on MLK and Ainsworth at 3:30 and then march over to the Wells Fargo and pass out leaflets to customers as we have a public presence on MLK during rush hour.

About Wells Fargo:

Wells Fargo is one of the largest funders of the private prison industry. Corporations like Corrections Corporation of America (CCA) and Geo Group, the two largest private prison companies, make money off of legislation that criminalizes immigrants, rips families apart, destroys communities, and promotes racism. Their investors (like Wells Fargo) also profit from these policies, furthering the prison-industrial complex. Wells Fargo was also recently fined $175 million for charging higher rates to people of color in mortgage lending. Check out this article for more information.